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Technology Stocks : All About Sun Microsystems

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To: uu who wrote (76)1/10/1997 8:16:00 PM
From: Badger   of 64865
 
Addi:

I am new to SI and this thread. However I have read your replies oner the last few weeks and I appreciate your level-headed perspective. I am a small investor in Sun, yet I have some concerns upcoming earning announcements.

My concern is this: Barron's told recently of insiders trading at Sun which has been responsible for the recent price decline (among other things) Now if the earnings report were good wouldn't these insiders be buying now at the lower prices? My fear is they know the numbers aren't that good and are waiting until after the selloff to re-enter. Perhaps the buying will pick up Mon-Wed of next week because these insiders are waiting to buy as close to the earnings as possible.

As I said I appreciate your insight. Perhaps my thinking is too short term. I would appreciate any comments.

Thanks, Badger
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